Bill > HF505

This bill provides $17,250,000 in state bond funding to the city of Rochester specifically for expanding sanitary sewer infrastructure to support regional housing development. The bill authorizes the commissioner of management and budget to sell and issue state bonds to finance the project, following standard state bonding procedures outlined in Minnesota Statutes. The funding will be used to support the predesign, design, and construction of sewer infrastructure expansions that will enable additional housing development in the Rochester region. The bill's primary goal appears to be addressing infrastructure needs that can help facilitate housing growth by providing critical sewer system improvements. The bonds will be issued according to existing state constitutional and statutory guidelines, and the section becomes effective immediately after final enactment. This type of targeted infrastructure investment is aimed at supporting local economic development and addressing housing expansion challenges by providing the necessary infrastructure to enable new residential construction.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0505&ssn=0&y=2025